This month, Solana (SOL) has taken the cryptocurrency market by storm. Its current ascent is fueled by DeFi deposits increasing, DEX trading volumes overtaking centralized exchanges, and a burgeoning DApp development community. BlockTraderHub.com, the new home of crypto intelligence. It deep dives into the bull case behind Solana’s climb to...
You've heard the buzz, seen the headlines. DeFi – Decentralized Finance – is where the world is going! What they don’t tell you is whose future they’re building. It’s more than just tech bros getting rich off crypto. At NITO, we help countries such as Ghana. We raise billions of...
Forget the hype. Forget the noise. Decentralized Finance (DeFi) is here to stay. At some level, DeFi is not a fad. It symbolizes a deeper transformation in the relationship we have with our money, forcing us to march into a future where you’re in charge. We’re discussing real long-term change...
Decentralized Finance, or DeFi for short, is one of the most hyped buzzwords floating around in the blockchain space. BlockTraderHub.com is on a mission to provide the cutting-edge crypto intelligence. Join us as we demystify DeFi—its purpose, operation—and its potential to transform how people manage money. This article provides a...
Now with the second-largest blockchain by total value locked (TVL), Solana has crazy $6.9 billion TVL. Part of this increase in TVL is due to a significant rise in decentralized application (DApps) usage. Furthermore, we have seen a significant increase in deposits across platforms contributing to the broader Solana ecosystem.First,...
Africa stands at a crossroads. Decentralized Finance (DeFi) and cryptocurrencies hold the tantalizing potential of promoting financial inclusion and agency. They democratize access to global credit markets, lower the cost of remittances, and protect users from depreciating local currencies. Is this a real opportunity, or a siren song pulling unsuspecting...
The blockchain revolution promised to democratize finance. It’s quickly beginning to feel more like a digital Wild West. People are creating and destroying fortunes all around us based purely on speculation and there’s nobody enforcing the rules. The Bank for International Settlements (BIS) report isn’t a killjoy for innovation. Rather,...
Well, our friends at the Bank for International Settlements (BIS) just published an interesting long read. It looks at potential financial stability risks resulting from the crypto ecosystem’s growing links to the traditional financial system, including banks and nonbank financial companies. The study further underscores the immediate need for proactive...
The shackles are off. Innovation wins. And frankly, about time. Congress’s repeal of those suffocating tax reporting requirements for noncustodial DeFi brokers isn't just a policy change. It's a declaration of independence for the decentralized finance movement. In deed, this is a truly bold move which saves the DeFi.Innovation Thrives...
The ink is dry. Trump signed the repeal. Specifically, Congress used their CRA powers to recently repeal regulations that covered noncustodial digital asset brokers in DeFi. Sounds technical, right? It is. But the implications are anything but.Freedom's Dawn Or Fiscal Nightmare?On its face, this repeal hailed by some as a...